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Earned Value Management (May 1, 2024)

May 1, 2024 8:00 AM - 4:00 PM (MDT)

Description



When it comes to cost and schedule on your construction projects, do you know where you’re at and where you’re going? Realizing that you’re aimed at an iceberg when you’re 100 meters away isn’t helpful. It’s so much better if you notice the iceberg when you’re 10 kilometers away, so that you can do something about it.! This is part of the “construction management” that owners expect from contractors.

Earned Value Management (EVM) Is a project planning and control approach which provides cost and schedule performance measurements. It compares actual accomplishment of scheduled work and associated cost against a baseline schedule and budget plan. Its benefits include projections of anticipated project schedule, and cost trends, and the ability to take timely corrective actions for undesired variances. EVM is one of the most powerful and productive concepts used in managing today's complex projects in private, commercial, and government environments.

The fundamentals of EVM will be presented in a down-to-earth, basic approach, along with hands-on exercises and examples that will allow participants to apply the concepts.

Participants will:

  • Obtain basic knowledge in understanding and using an effective performance 
  • management system in managing construction projects effectively
  • Detect both positive and negative trends in a timely manner
  • Forecast the Projected Final Cost (Estimate at Completion) using several techniques
  • Confidently and quickly make project decisions concerning scope, cost, and schedule
  • Learn to avoid the project-management pitfalls by identifying and mitigating risks

Who should attend?

Anyone whose work involves planning and progressing the work: project managers, project coordinators, construction managers, superintendents, general foremen and estimators of all levels will benefit from the workshop. This course is for owners, consultants, contractors and subcontractors in all segments of the construction industry. 

Method of Delivery

This course is delivered as an interactive Virtual Instructor Led Training (VILT) course using the PESL GoToTraining platform.


Duration: 1 Day (7 hours)

Your Presenter:

Phil Perry of Perry Educational Services Ltd has 30 plus years in the Construction Industry, most of which was Project Managing Industrial Projects for General Contractors. He has been teaching Post-Secondary Construction Management Courses for the last ten years for organizations such as the Edmonton Construction Association, Calgary Construction Association, Winnipeg Construction Association, Ontario Roadbuilders Association, University of Alberta Faculty of Extension, and the Northern Alberta Institute of Technology. He has been facilitating Better SuperVision programs since 2009.  In his spare time, Phil is a Master Course Facilitator for a National Sports Organization and chaired their National Coaching/Instructional Program for four years. He was the recipient of the 2018 IG Wealth Management Community National Coaching Certification Program (NCCP) Coach Developer Award.

   This course counts for one Gold Seal Credit. For more information about Gold Seal, click HERE.

Future offerings of this course:

Please check back for 2024 offerings!

Time

8:00am - 4pm MST

Pricing

Member-only Pricing $350.00 + GST
Non-member Pricing $450.00 + GST

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Contact Information

Edmonton Construction Association
Name: Brittaney Down
Email: brittaney.down@edmca.com
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